Officeworks, 15 Victoria Street,
Taree, NSW 2430
Shops & Retail • Showrooms & Large Format Retail
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Car spaces
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$366,574
Number of Tenants
1 Tenant
Tenants / Type
Officeworks
Private inspections
to arrange a private inspection.
Map of Officeworks, 15 Victoria Street
Train stations within 5 km of Officeworks, 15 Victoria Street, Taree, NSW 2430 Distance Taree Station 1.1 km POWERED BY HERE ©Bus stops within 5 km of Officeworks, 15 Victoria Street, Taree, NSW 2430 Distance Victoria St Before Manning St 756 m Oxley St After Atkins la 867 m Manning St Opp Taree Central 890 m Manning St After Albert St 908 m Oxley St Before Lyndhurst St 908 m POWERED BY HERE ©
POWERED BY HERE ©
Freestanding Officeworks Investment - Proven Performer
- Renewed 5 Year Lease to 2026 + Options
- Only Officeworks within 80 Kms*
- Impeccable 2,945sqm* Freestanding Site
Burgess Rawson is pleased to offer to the market this freestanding Officeworks investment at 15 Victoria Street, Taree NSW for sale via Private Treaty.
The property has the following investment highlights:
+ Renewed 5 year Officeworks lease to 2026 plus options through to 2041
+ Officeworks: Australia’s largest retailer of office supplies, wholly owned by Wesfarmers Limited - ASX top 10 company market cap $60.0 billion**
+ Attractive rent reviews, fixed 3% increases, ensuring rental growth
+ Landlord friendly net lease, tenant responsible for all usual outgoings including rates, insurance and single holding land tax as per lease
+ Immaculate 1,381 sqm building plus 35 valuable on-site car spaces
+ High profile 2,945 sqm main road site, with 40 metre frontage
+ Unrivalled catchment area, only Officeworks within 80kms*
+ Positioned in Key Taree Retail District surrounded by national traders including KFC, Sydney Tools, Shell Coles Express & Jaycar
+ Rare Affordable Wesfarmers investment
+ Mid Coast Council: Thriving location set to see population grow 18% to 116,744 residents by 2036^
+ Net Income: $366,574 pa* + GST
To be sold by Private Treaty
Please contact the exclusively appointed sales team for more information.
*Approx.
**ASX as of 10/11/2023
^forecast.id.com
The property has the following investment highlights:
+ Renewed 5 year Officeworks lease to 2026 plus options through to 2041
+ Officeworks: Australia’s largest retailer of office supplies, wholly owned by Wesfarmers Limited - ASX top 10 company market cap $60.0 billion**
+ Attractive rent reviews, fixed 3% increases, ensuring rental growth
+ Landlord friendly net lease, tenant responsible for all usual outgoings including rates, insurance and single holding land tax as per lease
+ Immaculate 1,381 sqm building plus 35 valuable on-site car spaces
+ High profile 2,945 sqm main road site, with 40 metre frontage
+ Unrivalled catchment area, only Officeworks within 80kms*
+ Positioned in Key Taree Retail District surrounded by national traders including KFC, Sydney Tools, Shell Coles Express & Jaycar
+ Rare Affordable Wesfarmers investment
+ Mid Coast Council: Thriving location set to see population grow 18% to 116,744 residents by 2036^
+ Net Income: $366,574 pa* + GST
To be sold by Private Treaty
Please contact the exclusively appointed sales team for more information.
*Approx.
**ASX as of 10/11/2023
^forecast.id.com
Property ID: 504460452Last Updated: 7 May 2024
Officeworks, 15 Victoria Street
Taree, NSW 2430
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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